COLD Americold Realty Trust, Inc. Common Stock
$15.12
Price · Aug 28, 2026
Fundamentals as of Aug 6, 2026
52W Range
$10–$17
74% of range
Analyst Rating
HOLD
22 analysts
Price Target
$16
+9% upside
P/E (TTM)
-37.9
ROE
-3.7%
Net Profit Margin
-4.4%
About Americold Realty Trust, Inc. Common Stock Company overview from Wikipedia
COLD Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$15.12
Market Cap
$4.31B
P/E (TTM)
-37.9
EPS (TTM)
$-0.40
Revenue (TTM)
$2.60B
Div Yield
6.1%
ROE
-3.7%
Debt/Equity
—
52W Range
$10 – $17
COLD Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$2.60B
2016-12-31
→
2025-12-31
EPS
$-0.40
2016-12-31
→
2025-12-31
Free Cash Flow
$-217M
2018-12-31
→
2025-12-31
Margins
-4.4%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
COLD
Peer Median
P/E (TTM)
-37.9
30.8
P/S (TTM)
1.7
9.5
P/B
1.5
1.5
Price / FCF
-19.9
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
COLD
Peer Median
Operating Margin
0.28%
—
Net Profit Margin
-4.4%
34.0%
ROA
-1.4%
3.6%
ROE
-3.7%
6.7%
ROIC
0.21%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
COLD
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
COLD
Peer Median
Revenue YoY
-2.4%
—
Revenue CAGR 3Y
-3.7%
—
Revenue CAGR 5Y
5.5%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
COLD
Peer Median
Payout Ratio
-228.2%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
6.1%
Payout Ratio
-228.2%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 30, 2026 | $0.2300 |
| March 31, 2026 | $0.2300 |
| Dec. 31, 2025 | $0.2300 |
| Sept. 30, 2025 | $0.2300 |
| June 30, 2025 | $0.2300 |
| March 28, 2025 | $0.2300 |
| Dec. 31, 2024 | $0.2200 |
| Sept. 30, 2024 | $0.2200 |
| June 28, 2024 | $0.2200 |
| March 27, 2024 | $0.2200 |
| Dec. 28, 2023 | $0.2200 |
| Sept. 28, 2023 | $0.2200 |
| June 29, 2023 | $0.2200 |
| March 30, 2023 | $0.2200 |
| Dec. 29, 2022 | $0.2200 |
| Sept. 29, 2022 | $0.2200 |
| June 29, 2022 | $0.2200 |
| March 30, 2022 | $0.2200 |
| Dec. 30, 2021 | $0.2200 |
| Sept. 29, 2021 | $0.2200 |
COLD Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
22 analysts
- Strong Buy 4 18.2%
- Buy 6 27.3%
- Hold 9 40.9%
- Sell 3 13.6%
- Strong Sell 0 0.0%
12-Month Price Target
17 analysts · 2026-08-27
Median
$16.00
Now
$15.12
Low
$13.00
High
$21.00
Median target
$16.00
+5.8%
Mean target
$16.44
+8.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.30%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-1.19 | $0.01 | -1.2% |
| March 31, 2026 | $-0.05 | $-0.07 | 0.02% |
| Dec. 31, 2025 | $-0.31 | $0.06 | -0.37% |
| Sept. 30, 2025 | $-0.04 | $0.03 | -0.07% |
| June 30, 2025 | $0.01 | $0.08 | -0.07% |
| March 31, 2025 | $-0.06 | $0.06 | -0.12% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| COLD | $3.66B | -32.1 | -2.4% | -4.4% | -3.7% | — |
| LINE | $7.95B | -81.4 | 0.28% | -1.9% | -1.2% | — |
| FR | $7.59B | 30.6 | 8.6% | 34.0% | 9.3% | — |
| REXR | $8.97B | 45.0 | 7.1% | 21.1% | 2.5% | — |
| TRNO | $6.08B | 15.0 | 24.5% | 84.6% | 10.0% | — |
| STAG | $7.02B | — | 10.1% | 32.4% | 7.8% | — |
| LXP | $2.93B | 27.2 | -2.3% | 32.3% | 5.5% | — |
| IIPR | $1.33B | 12.1 | -13.8% | 44.5% | 6.3% | — |
| ILPT | $369M | -5.5 | — | — | -12.6% | — |
| OLP | $424M | 17.6 | — | — | 8.4% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.60B | $2.67B | $2.67B | $2.91B | $2.71B | $1.99B | $1.78B | $1.60B | $1.54B | $1.49B | |
| Cost of Revenue | $1.76B | $1.82B | $1.90B | $2.22B | · | · | · | · | · | · | |
| SG&A Expense | $269M | $255M | $227M | $231M | $182M | $145M | $129M | $111M | $100M | $97M | |
| Operating Expenses | $2.59B | $2.54B | $2.78B | $2.83B | $2.64B | $1.82B | $1.65B | $1.42B | $1.41B | $1.36B | |
| Operating Income | $7M | $124M | $-108M | $88M | $73M | $168M | $131M | $180M | $137M | $132M | |
| Interest Expense | · | · | · | · | $99M | $92M | $94M | $93M | $115M | $120M | |
| Interest Income | · | · | · | $2M | $841.0K | $1M | $6M | $4M | $1M | $708.0K | |
| Other Non-op | $7M | $28M | $3M | $2M | $2M | $-3M | $-2M | $-532.0K | $-2M | $-1M | |
| Pretax Income | $-136M | $-103M | $-328M | $-30M | $-31M | $18M | $43M | $44M | $9M | $11M | |
| Income Tax | $-20M | $-8M | $-2M | $-19M | $-2M | $-7M | $-5M | $-4M | $9M | $6M | |
| Net Income | $-115M | $-94M | $-336M | $-19M | $-30M | $25M | $48M | $48M | $-608.0K | $5M | |
| EPS (Basic) | $-0.40 | $-0.33 | $-1.22 | $-0.07 | $-0.12 | $0.11 | $0.26 | $0.31 | $-0.43 | $-0.35 | |
| EPS (Diluted) | $-0.40 | $-0.33 | $-1.22 | $-0.07 | $-0.12 | $0.11 | $0.26 | $0.31 | $-0.43 | $-0.35 | |
| Shares (Basic) | 285,742,000 | 284,782,000 | 275,773,000 | 269,565,000 | 259,056,000 | 203,255,000 | 179,598,000 | 141,415,000 | 70,022,000 | 69,890,000 | |
| Shares (Diluted) | 285,742,000 | 284,782,000 | 275,773,000 | 269,565,000 | 259,056,000 | 206,940,000 | 183,950,000 | 144,338,000 | 70,022,000 | 69,890,000 | |
| EBITDA | $375M | $485M | $245M | $419M | $393M | · | $295M | $298M | · | · |
Balance Sheet 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $137M | $48M | $60M | $53M | $83M | $621M | $234M | $208M | $49M | $23M | |
| Inventory | $7M | $7M | $7M | $29M | $27M | $22M | $9M | $8M | $10M | · | |
| PP&E (Net) | $5.35B | $5.02B | $5.11B | $5.07B | $5.13B | $4.77B | $2.93B | $1.84B | $1.83B | · | |
| PP&E (Gross) | $7.99B | $7.47B | $7.30B | $6.97B | $6.76B | $6.15B | $4.15B | $2.58B | · | · | |
| Accum. Depreciation | $2.64B | $2.45B | $2.20B | $1.90B | $1.63B | $1.38B | $1.22B | $1.12B | · | · | |
| Goodwill | $828M | $784M | $794M | $1.03B | $1.07B | $794M | $318M | $186M | $188M | $187M | |
| Intangibles | $819M | $839M | $897M | $925M | $981M | $797M | $285M | $25M | $27M | · | |
| Total Assets | $8.12B | $7.74B | $7.87B | $8.10B | $8.22B | $7.83B | $4.17B | $2.53B | $2.39B | · | |
| Deferred Tax | $99M | $116M | $136M | $135M | $169M | $221M | $17M | $18M | $22M | · | |
| Total Liabilities | $5.20B | $4.43B | $4.23B | $4.32B | $4.19B | $4.04B | $2.34B | $1.83B | $2.21B | · | |
| Long-term Debt | · | · | · | · | · | $2.65B | · | · | · | · | |
| Common Stock | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $1M | $694.0K | · | |
| Paid-in Capital | $5.66B | $5.65B | $5.63B | $5.19B | $5.17B | $4.69B | $2.58B | $1.36B | $394M | · | |
| Retained Earnings | $-2.72B | $-2.34B | $-2.00B | $-1.42B | $-1.16B | $-896M | $-737M | $-638M | $-581M | · | |
| AOCI | $-63M | $-27M | $-17M | $-6M | $5M | $-4M | $-14M | $-13M | $-230.0K | · | |
| Stockholders' Equity | $2.88B | $3.28B | $3.62B | $3.77B | $4.02B | $3.79B | $1.83B | $707M | $-187M | $-149M | |
| Liabilities + Equity | $8.12B | $7.74B | $7.87B | $8.10B | $8.22B | $7.83B | $4.17B | $2.53B | $2.39B | · | |
| Shares Outstanding | 284,871,943 | 284,265,041,000 | 283,699,120 | 269,814,956 | 268,282,592 | 251,702,603 | 191,799,909 | 148,234,959 | 69,370,609 | · |
Cash Flow 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $367M | $361M | $354M | $331M | $320M | $216M | $163M | $118M | $117M | $119M | |
| Deferred Tax | $-27M | $-13M | $-11M | $-23M | $-9M | $-14M | $-11M | $-3M | $-4M | $-586.0K | |
| Amort. of Intangibles | · | $4M | · | · | · | · | · | · | · | · | |
| Other Non-cash | $133M | $159M | $359M | $11M | $-7M | · | $35M | $26M | · | · | |
| Operating Cash Flow | $360M | $412M | $366M | $300M | $273M | $294M | $236M | $188M | $163M | $119M | |
| CapEx | $577M | $309M | $264M | $308M | $438M | $377M | $217M | $145M | $149M | $75M | |
| Investing Cash Flow | $-658M | $-313M | $-357M | $-348M | $-1.24B | $-2.25B | $-1.60B | $-126M | $-139M | $-42M | |
| Stock Issued | $0 | $0 | $413M | $0 | $474M | $1.58B | $1.21B | $586M | $0 | $0 | |
| Net Stock Activity | $0 | $0 | $413M | $0 | $474M | · | $1.21B | $93M | · | · | |
| Dividends Paid | $261M | $252M | $242M | $239M | $228M | $167M | $135M | $77M | $20M | $20M | |
| Financing Cash Flow | $383M | $-107M | $-285.0K | $23M | $431M | $2.33B | $1.40B | $85M | $-19M | $-95M | |
| Taxes Paid | $6M | $7M | $6M | $8M | $11M | $1M | $2M | $6M | $12M | $11M | |
| Free Cash Flow | $-217M | $102M | $102M | $-8M | $-165M | · | $19M | $43M | · | · | |
| Levered FCF | · | · | · | · | $-259M | · | $-87M | $-58M | · | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 0.28% | 4.7% | -4.0% | 3.0% | 2.7% | · | 7.4% | 11.2% | · | · | |
| Net Margin | -4.4% | -3.5% | -12.6% | -0.67% | -1.1% | · | 2.7% | 3.0% | · | · | |
| Pretax Margin | -5.2% | -3.9% | -12.3% | -1.3% | -1.2% | · | 2.4% | 2.8% | · | · | |
| EBITDA Margin | 14.4% | 18.2% | 9.2% | 14.4% | 14.5% | · | 16.5% | 18.6% | · | · | |
| ROA | -1.4% | -1.2% | -4.2% | -0.24% | -0.38% | · | 1.4% | 1.9% | · | · | |
| ROE | -3.7% | -2.7% | -9.1% | -0.50% | -0.78% | · | 2.6% | 6.7% | · | · | |
| ROIC | 0.21% | 3.5% | -3.0% | 1.2% | 1.7% | · | 8.0% | 27.5% | · | · |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage | · | · | · | · | 0.7 | · | 1.4 | 1.9 | · | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | · | 0.5 | 0.7 | · | · | |
| Inventory Turnover | 247.2 | 248.2 | · | · | · | · | · | · | · | · |
Growth Rates 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -2.4% | -0.25% | -8.3% | 7.4% | 36.6% | · | · | · | · | · | |
| Revenue CAGR 3Y | -3.7% | -0.60% | 10.4% | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 5.5% | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 9.4% | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.60B | $2.67B | $2.67B | $2.91B | $2.71B | $1.99B | $1.78B | $1.60B | $1.54B | · | |
| Net Income TTM | $-115M | $-94M | $-336M | $-19M | $-30M | $25M | $48M | $48M | $-608.0K | · | |
| Market Cap | $3.66B | $6.08B | · | $7.64B | $8.80B | · | $6.72B | $3.79B | · | · | |
| P/E | -32.1 | -64.8 | -24.8 | -404.4 | -273.2 | 339.4 | 134.8 | 82.4 | · | · | |
| P/S | 1.4 | 2.3 | · | 2.6 | 3.2 | · | 3.8 | 2.4 | · | · | |
| P/B | 1.3 | 1.9 | · | 2.0 | 2.2 | · | 3.7 | 5.4 | · | · | |
| P / Tangible Book | 3.0 | 3.7 | · | 4.2 | 4.5 | 4.3 | · | · | · | · | |
| P / Cash Flow | 10.2 | 14.8 | · | 25.5 | 32.2 | · | 28.5 | 20.1 | · | · | |
| P / FCF | -16.9 | 59.4 | · | -912.7 | -53.3 | · | 354.4 | 88.1 | · | · | |
| Dividend Yield | 7.1% | 4.1% | · | 3.1% | 2.6% | · | 2.0% | 2.0% | · | · | |
| Earnings Yield | -3.1% | -1.5% | -4.0% | -0.25% | -0.37% | 0.29% | 0.74% | 1.2% | · | · | |
| Payout Ratio | -228.2% | -267.3% | -72.0% | -1227.9% | -747.1% | · | 281.2% | 159.5% | · | · | |
| Annual Payout | $261M | $252M | $242M | $239M | $228M | $167M | $135M | $77M | $20M | · |
Income Statement 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $663M | $630M | $658M | $664M | $651M | $629M | $666M | $674M | $661M | $665M | $679M | $668M | $650M | $676M | $722M | $758M | |
| Cost of Revenue | $450M | $434M | $442M | $459M | $439M | $423M | $455M | $465M | $445M | $454M | · | · | · | · | · | · | |
| SG&A Expense | $63M | $71M | $62M | $71M | $67M | $69M | $67M | $64M | $59M | $65M | $58M | $52M | $54M | $63M | $60M | $57M | |
| Operating Expenses | $951M | $616M | $728M | $647M | $613M | $607M | $675M | $647M | $598M | $623M | $874M | $635M | $629M | $644M | $688M | $735M | |
| Operating Income | $-288M | $14M | $-69M | $17M | $38M | $22M | $-8M | $27M | $63M | $42M | $-194M | $33M | $21M | $32M | $33M | $23M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $30M | |
| Other Non-op | $7M | $7M | $327.0K | $-477.0K | $6M | $1M | $47.0K | $4M | $15M | $10M | $1M | $723.0K | $-415.0K | $1M | $4M | $-3M | |
| Pretax Income | $-324M | $-20M | $-109M | $-18M | $5M | $-14M | $-44M | $-5M | $-67M | $12M | $-227M | $-3M | $-96M | $-2M | $4M | $-11M | |
| Income Tax | $23M | $-7M | $-20M | $-6M | $3M | $3M | $-7M | $-828.0K | $-2M | $2M | $-601.0K | $-492.0K | $464.0K | $-2M | $-3M | $-3M | |
| Net Income | $-343M | $-14M | $-88M | $-11M | $2M | $-16M | $-36M | $-4M | $-64M | $10M | $-227M | $-2M | $-105M | $-3M | $3M | $-9M | |
| EPS (Basic) | $-1.19 | $-0.05 | $-0.31 | $-0.04 | $0.01 | $-0.06 | $-0.12 | $-0.01 | $-0.23 | $0.03 | $-0.81 | $-0.01 | $-0.39 | $-0.01 | $0.01 | $-0.03 | |
| EPS (Diluted) | $-1.19 | $-0.05 | $-0.31 | $-0.04 | $0.01 | $-0.06 | $-0.12 | $-0.01 | $-0.23 | $0.03 | $-0.81 | $-0.01 | $-0.39 | $-0.01 | $0.01 | $-0.03 | |
| Shares (Basic) | 286,881,000 | 286,263,000 | -571,123,000 | 285,898,000 | 285,604,000 | 285,363,000 | -569,406,000 | 284,861,000 | 284,683,000 | 284,644,000 | -543,056,000 | 278,137,000 | 270,462,000 | 270,230,000 | -538,682,000 | 269,586,000 | |
| Shares (Diluted) | 286,881,000 | 286,263,000 | -571,313,000 | 285,898,000 | 285,794,000 | 285,363,000 | -569,640,000 | 284,861,000 | 284,683,000 | 284,878,000 | -543,056,000 | 278,137,000 | 270,462,000 | 270,230,000 | -539,569,000 | 269,586,000 | |
| EBITDA | $-185M | $106M | · | $105M | $128M | $111M | · | $120M | $153M | $134M | · | $123M | $106M | $117M | · | $107M |
Balance Sheet 17
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $40M | $40M | $137M | $33M | $101M | $39M | $48M | $61M | $44M | $59M | · | $54M | $49M | $47M | · | $46M | |
| Inventory | · | · | $7M | · | · | · | $7M | · | · | · | · | · | · | · | · | · | |
| PP&E (Net) | $5.12B | $5.40B | $5.35B | $5.42B | $5.35B | $5.15B | $5.02B | $5.09B | $5.03B | $5.04B | · | $5.03B | $5.06B | $5.06B | · | $4.99B | |
| PP&E (Gross) | $7.91B | $8.12B | $7.99B | $8.10B | $7.97B | $7.69B | $7.47B | $7.50B | $7.36B | $7.30B | · | $7.14B | $7.10B | $7.03B | · | $6.82B | |
| Accum. Depreciation | $2.79B | $2.72B | $2.64B | $2.68B | $2.62B | $2.53B | $2.45B | $2.41B | $2.33B | $2.26B | · | $2.11B | $2.04B | $1.97B | · | $1.83B | |
| Goodwill | $827M | $828M | $828M | $827M | $828M | $832M | $784M | $793M | $791M | $791M | $794M | $1.02B | $1.04B | $1.03B | $1.03B | $1.01B | |
| Intangibles | $797M | $807M | $819M | $828M | $840M | $835M | $839M | $874M | $875M | $885M | · | $897M | $914M | $919M | · | $919M | |
| Total Assets | $7.81B | $8.08B | $8.12B | $8.08B | $8.09B | $7.83B | $7.74B | $7.89B | $7.80B | $7.79B | · | $8.01B | $8.22B | $8.07B | · | $8.00B | |
| Deferred Tax | $110M | $93M | $99M | $120M | $128M | $119M | $116M | $131M | $130M | $134M | · | $126M | $133M | $132M | · | $128M | |
| Total Liabilities | $5.36B | $5.22B | $5.20B | $5.01B | $4.94B | $4.61B | $4.43B | $4.49B | $4.33B | $4.19B | · | $4.07B | $4.63B | $4.35B | · | $4.18B | |
| Common Stock | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | · | $3M | $3M | $3M | · | $3M | |
| Paid-in Capital | $5.67B | $5.67B | $5.66B | $5.66B | $5.66B | $5.65B | $5.65B | $5.64B | $5.64B | $5.63B | · | $5.62B | $5.20B | $5.20B | · | $5.19B | |
| Retained Earnings | $-3.21B | $-2.80B | $-2.72B | $-2.57B | $-2.49B | $-2.42B | $-2.34B | $-2.24B | $-2.18B | $-2.05B | · | $-1.71B | $-1.64B | $-1.48B | · | $-1.36B | |
| AOCI | $-54M | $-55M | $-63M | $-65M | $-58M | $-42M | $-27M | $-33M | $-14M | $-5M | · | $11M | $10M | $-18M | · | $-23M | |
| Stockholders' Equity | $2.41B | $2.82B | $2.88B | $3.03B | $3.11B | $3.19B | $3.28B | $3.37B | $3.45B | $3.58B | · | $3.93B | $3.58B | $3.71B | · | $3.81B | |
| Liabilities + Equity | $7.81B | $8.08B | $8.12B | $8.08B | $8.09B | $7.83B | $7.74B | $7.89B | $7.80B | $7.79B | · | $8.01B | $8.22B | $8.07B | · | $8.00B | |
| Shares Outstanding | 285,432,128 | 285,294,874 | 284,871,943 | 284,853,672 | 284,745,001 | 284,719,592 | 284,265,041 | 284,079,137 | · | · | 283,699,120 | 283,517,013 | 270,186,276 | 270,096,433 | · | 269,395,574 |
Cash Flow 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $103M | $92M | $100M | $88M | $90M | $89M | $90M | $89M | $90M | $92M | $94M | $90M | $85M | $85M | $82M | $84M | |
| Deferred Tax | $21M | $-10M | $-22M | $-6M | $1M | $573.0K | $-7M | $-3M | $-4M | $619.0K | $-3M | $-2M | $-1M | $-4M | $-3M | $-4M | |
| Other Non-cash | · | $-29M | · | · | · | $-43M | · | · | · | $-40M | · | · | · | $-37M | · | · | |
| Operating Cash Flow | $100M | $40M | $130M | $79M | $120M | $30M | $163M | $51M | $137M | $62M | $173M | $110M | $41M | $41M | $117M | $50M | |
| CapEx | $140M | $110M | $142M | $144M | $178M | $113M | $105M | $95M | $63M | $46M | $76M | $60M | $59M | $69M | $54M | $72M | |
| Investing Cash Flow | $-90M | $-126M | $-147M | $-142M | $-142M | $-227M | $-107M | $-97M | $-70M | $-39M | $-99M | $-96M | $-75M | $-88M | $-60M | $-96M | |
| Stock Issued | · | · | · | · | · | · | $0 | · | · | · | $-308.0K | · | · | · | $0 | $0 | |
| Dividends Paid | $66M | $66M | $66M | $66M | $66M | $63M | $63M | $63M | $63M | $63M | $63M | $60M | $60M | $60M | $59M | $60M | |
| Financing Cash Flow | $-9M | $-12M | $120M | $-4M | $80M | $187M | $-65M | $65M | $-85M | $-22M | $-69M | $-7M | $38M | $39M | $-51M | $22M | |
| Taxes Paid | $3M | $-103.0K | $615.0K | $1M | $3M | $952.0K | $802.0K | $2M | $2M | $2M | $348.0K | $2M | $3M | $556.0K | $927.0K | $3M | |
| Free Cash Flow | · | $-70M | · | · | · | $-82M | · | · | · | $16M | · | · | · | $-28M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -43.4% | 2.3% | · | 2.5% | 5.8% | 3.5% | · | 4.5% | 9.6% | 6.3% | · | 4.9% | 3.2% | 4.8% | · | 3.1% | |
| Net Margin | -51.7% | -2.1% | · | -1.7% | 0.24% | -2.6% | · | -0.55% | -9.7% | 1.5% | · | -0.31% | -16.1% | -0.38% | · | -1.2% | |
| Pretax Margin | -48.8% | -3.2% | · | -2.7% | 0.74% | -2.2% | · | -0.68% | -10.1% | 1.8% | · | -0.42% | -14.8% | -0.62% | · | -1.6% | |
| EBITDA Margin | -27.9% | 16.8% | · | 15.8% | 19.7% | 17.7% | · | 17.7% | 23.2% | 20.1% | · | 18.4% | 16.2% | 17.3% | · | 14.1% | |
| ROA | -4.3% | -0.17% | · | -0.14% | 0.02% | -0.21% | · | -0.05% | -0.80% | 0.12% | · | -0.03% | -1.3% | -0.03% | · | -0.11% | |
| ROE | -12.4% | -0.45% | · | -0.36% | 0.05% | -0.48% | · | -0.10% | -1.8% | 0.27% | · | -0.05% | -2.8% | -0.07% | · | -0.23% | |
| ROIC | -12.8% | 0.34% | · | 0.36% | 0.39% | 0.82% | · | 0.73% | 1.8% | 0.97% | · | 0.69% | 0.58% | 0.53% | · | 0.44% |
Liquidity & Solvency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | 0.8 |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 |
Valuation (TTM) 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.61B | $2.57B | · | $2.62B | $2.61B | $2.63B | · | $2.67B | $2.64B | $2.66B | · | $2.75B | $2.81B | $2.87B | · | $2.90B | |
| Net Income TTM | $-366M | $-40M | · | $-30M | $-83M | $-74M | · | $-60M | $-161M | $-100M | · | $-118M | $-112M | $-25M | · | $-17M | |
| Market Cap | $4.49B | $3.27B | · | $3.49B | $4.74B | $6.11B | · | $8.03B | · | · | · | $8.62B | $8.73B | $7.68B | · | $6.63B | |
| P/E | -12.4 | -81.9 | · | -122.4 | -57.3 | -79.5 | · | -128.5 | -42.6 | -65.6 | · | -69.1 | -76.9 | -316.1 | · | -410.0 | |
| P/S | 1.7 | 1.3 | · | 1.3 | 1.8 | 2.3 | · | 3.0 | · | · | · | 3.1 | 3.1 | 2.7 | · | 2.3 | |
| P/B | 1.9 | 1.2 | · | 1.1 | 1.5 | 1.9 | · | 2.4 | · | · | · | 2.2 | 2.4 | 2.1 | · | 1.7 | |
| P / Tangible Book | 5.7 | 2.8 | · | 2.5 | 3.3 | 4.0 | · | 4.7 | · | · | · | 4.3 | 5.4 | 4.4 | · | 3.5 | |
| P / Cash Flow | · | 82.0 | · | · | · | 202.3 | · | · | · | · | · | · | · | 185.2 | · | · | |
| P / FCF | · | -46.6 | · | · | · | -74.2 | · | · | · | · | · | · | · | -276.6 | · | · | |
| Earnings Yield | -8.1% | -1.2% | · | -0.82% | -1.7% | -1.3% | · | -0.78% | -2.4% | -1.5% | · | -1.5% | -1.3% | -0.32% | · | -0.24% | |
| Payout Ratio | · | -487.6% | · | · | · | -387.1% | · | · | · | 647.3% | · | · | · | -2344.4% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $2.60B | $2.67B | $2.67B | $2.91B | $2.71B |
| Operating Margin % | 0.28% | 4.7% | -4.0% | 3.0% | 2.7% |
| Net Income | $-115M | $-94M | $-336M | $-19M | $-30M |
| Diluted EPS | $-0.40 | $-0.33 | $-1.22 | $-0.07 | $-0.12 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-217M | $102M | $102M | $-8M | $-165M |
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Institutional owners (13F) 443 filers · $3.4B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 72 (-2 vs prior Q) | 54 (0 vs prior Q) | 147 (-6 vs prior Q) | 136 (+13 vs prior Q) | -9.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | $378,720,518 | 24,091,636 | 11.01% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $266,293,349 | 16,939,780 | 7.74% | Shares |
| FMR LLC | $206,261,444 | 13,120,957 | 6.00% | Shares |
| APG Asset Management US Inc. | $205,445,046 | 12,824,285 | 5.97% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $201,923,541 | 12,845,009 | 5.87% | Shares |
| STATE STREET CORP | $163,102,930 | 10,226,580 | 4.74% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $126,564,314 | 8,051,165 | 3.68% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $108,433,054 | 6,897,777 | 3.15% | Shares |
| Alyeska Investment Group, L.P. | $87,767,165 | 5,583,153 | 2.55% | Shares |
| MILLENNIUM MANAGEMENT LLC | $84,439,225 | 5,371,452 | 2.46% | Shares |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | $81,276,267 | 5,170,246 | 2.36% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $74,295,446 | 4,724,821 | 2.16% | Shares |
| PRIVATE MANAGEMENT GROUP INC | $73,568,342 | 4,679,920 | 2.14% | Shares |
| Global Alpha Capital Management Ltd. | $67,468,527 | 4,291,891 | 1.96% | Shares |
| DAVENPORT & Co LLC | $63,526,438 | 4,041,122 | 1.85% | Shares |
| NORGES BANK | $61,017,101 | 3,881,495 | 1.77% | Shares |
| AMERICAN CENTURY COMPANIES INC | $58,040,016 | 3,692,113 | 1.69% | Shares |
| REINHART PARTNERS, LLC. | $57,586,116 | 3,663,227 | 1.67% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $50,557,689 | 3,216,138 | 1.47% | Shares |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | $42,573,847 | 2,708,260 | 1.24% | Shares |
| Long Pond Capital, LP | $42,213,136 | 2,685,314 | 1.23% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $39,453,742 | 2,509,780 | 1.15% | Shares |
| EARNEST PARTNERS LLC | $38,151,795 | 2,426,959 | 1.11% | Shares |
| MORGAN STANLEY | $35,708,198 | 2,271,513 | 1.04% | Shares |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | $35,634,693 | 2,266,838 | 1.04% | Shares |
| AMERIPRISE FINANCIAL INC | $29,871,580 | 1,900,168 | 0.87% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $28,463,355 | 1,810,646 | 0.83% | Shares |
| Jain Global LLC | $26,332,745 | 1,675,111 | 0.77% | Shares |
| CITADEL ADVISORS LLC | $21,517,913 | 1,368,824 | 0.63% | Shares |
| Nuveen, LLC | $20,410,219 | 1,298,360 | 0.59% | Shares |
| Advisors Capital Management, LLC | $19,858,345 | 1,263,253 | 0.58% | Shares |
| GOLDMAN SACHS GROUP INC | $19,846,296 | 1,262,487 | 0.58% | Shares |
| Daiwa Securities Group Inc. | $15,145,717 | 963,468 | 0.44% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $14,457,684 | 919,700 | 0.42% | Shares |
| Hudson Bay Capital Management LP | $14,334,628 | 911,872 | 0.42% | Shares |
| Point72 Asset Management, L.P. | $13,532,751 | 860,862 | 0.39% | Shares |
| Nuveen Asset Management, LLC | $13,122,587 | 613,205 | 0.38% | Shares |
| Heitman Real Estate Securities LLC | $13,032,886 | 829,064 | 0.38% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $12,929,134 | 822,464 | 0.38% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $12,856,240 | 817,827 | 0.37% | Shares |
| Woodline Partners LP | $12,764,451 | 811,988 | 0.37% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $12,001,350 | 763,445 | 0.35% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $11,700,396 | 744,300 | 0.34% | Call option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $10,686,456 | 679,800 | 0.31% | Put option |
| VICTORY CAPITAL MANAGEMENT INC | $9,641,531 | 613,329 | 0.28% | Shares |
| Gotham Asset Management, LLC | $9,554,883 | 607,817 | 0.28% | Shares |
| RAYMOND JAMES FINANCIAL INC | $9,185,710 | 584,333 | 0.27% | Shares |
| Swiss National Bank | $8,987,124 | 571,700 | 0.26% | Shares |
| Seven Post Investment Office LP | $8,900,194 | 566,170 | 0.26% | Shares |
| Quantinno Capital Management LP | $8,707,593 | 553,918 | 0.25% | Shares |
| PRUDENTIAL FINANCIAL INC | $8,410,514 | 535,020 | 0.24% | Shares |
| JANE STREET GROUP, LLC | $8,266,315 | 525,847 | 0.24% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $7,886,064 | 501,658 | 0.23% | Shares |
| Rock Point Advisors, LLC | $7,752,161 | 493,140 | 0.23% | Shares |
| BlackRock, Inc. | $7,425,939 | 472,388 | 0.22% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $7,347,528 | 467,400 | 0.21% | Shares |
| Hazelview Securities Inc. | $7,143,391 | 439,864 | 0.21% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $7,041,158 | 440,899 | 0.20% | Shares |
| ALGERT GLOBAL LLC | $6,984,915 | 444,333 | 0.20% | Shares |
| BANK OF AMERICA CORP /DE/ | $6,984,632 | 444,315 | 0.20% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $6,418,287 | 408,288 | 0.19% | Shares |
| California Public Employees Retirement System | $6,265,316 | 398,557 | 0.18% | Shares |
| CAMBIAR INVESTORS LLC | $5,920,734 | 376,637 | 0.17% | Shares |
| FLAX POND CAPITAL, LLC | $5,587,092 | 355,413 | 0.16% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $5,253,027 | 334,162 | 0.15% | Shares |
| CITIGROUP INC | $5,210,425 | 331,452 | 0.15% | Shares |
| STRS OHIO | $5,077,906 | 323,022 | 0.15% | Shares |
| ALLIANCEBERNSTEIN L.P. | $5,022,975 | 438,305 | 0.15% | Shares |
| Presima Securities ULC | $4,909,223 | 428,379 | 0.14% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $4,859,351 | 309,119 | 0.14% | Shares |
| Swedbank AB | $4,716,000 | 300,000 | 0.14% | Shares |
| State of New Jersey Common Pension Fund D | $4,655,038 | 296,122 | 0.14% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,629,980 | 294,528 | 0.13% | Shares |
| Asset Management One Co., Ltd. | $4,472,024 | 390,229 | 0.13% | Shares |
| IEQ CAPITAL, LLC | $4,332,424 | 275,599 | 0.13% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $4,283,606 | 272,494 | 0.12% | Shares |
| Investment Management Corp of Ontario | $4,195,086 | 266,863 | 0.12% | Shares |
| Vanguard Investments Australia, Ltd. | $4,161,367 | 264,718 | 0.12% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $4,048,922 | 257,565 | 0.12% | Shares |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $3,955,686 | 251,634 | 0.12% | Shares |
| UBS Group AG | $3,928,459 | 249,902 | 0.11% | Shares |
| Carnegie Lake Advisors LLC | $3,909,973 | 248,726 | 0.11% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $3,859,763 | 245,532 | 0.11% | Shares |
| RHUMBLINE ADVISERS | $3,842,676 | 244,447 | 0.11% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $3,784,213 | 240,726 | 0.11% | Shares |
| Bayberry Capital Partners LP | $3,772,800 | 240,000 | 0.11% | Shares |
| FIRST TRUST ADVISORS LP | $3,761,733 | 239,296 | 0.11% | Shares |
| D.A. DAVIDSON & CO. | $3,688,635 | 234,646 | 0.11% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $3,661,958 | 232,949 | 0.11% | Shares |
| BARCLAYS PLC | $3,590,668 | 228,414 | 0.10% | Shares |
| Apollo Management Holdings, L.P. | $3,579,758 | 227,720 | 0.10% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $3,495,625 | 222,368 | 0.10% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $3,487,430 | 221,847 | 0.10% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $3,322,045 | 211,326 | 0.10% | Shares |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | $3,281,314 | 208,735 | 0.10% | Shares |
| LPL Financial LLC | $3,229,076 | 205,412 | 0.09% | Shares |
| WELLS FARGO & COMPANY/MN | $3,089,377 | 196,525 | 0.09% | Shares |
| Holocene Advisors, LP | $3,054,066 | 194,279 | 0.09% | Shares |
| Bayhunt Capital LLC | $2,949,801 | 229,378 | 0.09% | Shares |
| Abundance Wealth Counselors | $2,945,896 | 187,398 | 0.09% | Shares |
Company insiders 37 insiders · 20 officers · 19 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Robert Scott Chambers | Chief Executive Officer | March 8, 2026 A | 0 | 0 | 0 | $0 |
| George F. Chappelle Jr. | Chief Executive Officer | May 12, 2025 P | 110,000 | 0 | 0 | $0 |
| Fred W Boehler | CEO, President and Trustee | March 8, 2021 A | 311,433 | 0 | 0 | $0 |
| Christopher J Papa | Chief Financial Officer | March 8, 2026 A | — | 0 | 0 | $0 |
| Jay Wells | EVP & CFO | May 12, 2025 P | 10,000 | 0 | 0 | $0 |
| Marc Smernoff | EVP & CFO | March 8, 2023 A | 181,237 | 0 | 0 | $0 |
| Richard Charles Winnall | President, International | July 1, 2026 M | 66,736 | 0 | 0 | $0 |
| Michael Bryan Verbarendse | President, Americas | March 8, 2026 A | — | 0 | 0 | $0 |
| David Charles Moore | Executive Vice President and Chief Operating Officer - North America | March 8, 2023 A | — | 0 | 0 | $0 |
| Carlos V Rodriguez | EVP and COO | Jan. 8, 2022 F | 41,863 | 0 | 0 | $0 |
| Robert E. Harris | SVP & Chief Accounting Oficer | July 1, 2026 M | 9,408 | 0 | 4 | $-25,390 |
| Russell Scott Henderson | Chief Investment Officer | March 8, 2026 A | — | 0 | 0 | $0 |
| Nathan H Harwell | Chief Legal & People Officer | March 8, 2026 A | — | 0 | 0 | $0 |
| Samantha L Charleston | EVP & Chief Human Resources Of | March 14, 2025 A | — | 0 | 0 | $0 |
| Thomas C Novosel | Senior Vice President & Chief Accounting Officer | March 8, 2024 M | 7,420 | 0 | 0 | $0 |
| James C Snyder JR | EVP & Chief Legal Officer | March 8, 2023 A | 36,812 | 0 | 0 | $0 |
| James Andrew Harron | EVP & Chief Investment Officer | March 15, 2022 S | 13,719 | 0 | 0 | $0 |
| David Keith Stuver | Officer | March 8, 2021 A | 15,771 | 0 | 0 | $0 |
| Andrea Darweesh | Chief HR Officer and EVP | Feb. 24, 2019 M | 6,969 | 0 | 0 | $0 |
| Thomas Musgrave | Executive Vice President and Chief Technology Officer | Nov. 13, 2018 M | 23,476 | 0 | 0 | $0 |
| Joseph E Reece | Director | May 18, 2026 A | — | 0 | 0 | $0 |
| Antonio F. Fernandez | Director | May 18, 2026 A | 2,991 | 0 | 0 | $0 |
| Kelly Hefner Barrett | Director | May 18, 2026 A | 43,016 | 0 | 0 | $0 |
| Mark R Patterson | Director | May 18, 2026 A | 21,207 | 0 | 0 | $0 |
| Stephen R. Sleigh | Director | May 18, 2026 A | — | 0 | 0 | $0 |
| AMERICOLD REALTY TRUST | Director | May 18, 2026 A | 23,059 | 0 | 0 | $0 |
| David J Neithercut | Director | May 18, 2026 A | — | 0 | 0 | $0 |
| Robert L Bass | Director | May 20, 2025 A | — | 0 | 0 | $0 |
| Pamela K Kohn | Director | May 20, 2025 A | 12,935 | 0 | 0 | $0 |
| Andrew Power | Director | May 20, 2025 A | 14,957 | 0 | 0 | $0 |
| George J Alburger JR | Director | May 20, 2025 A | 14,957 | 0 | 0 | $0 |
| James R Heistand | Director | May 27, 2021 M | 32,037 | 0 | 0 | $0 |
| Michelle Mackay | Director | Jan. 23, 2021 M | 17,948 | 0 | 0 | $0 |
| Bradley J. Gross | Director | March 5, 2019 S | 394,852 | 0 | 0 | $0 |
| Jeffrey M Gault | Director | March 5, 2019 M | 100,000 | 0 | 0 | $0 |
| Ronald W Burkle | Director | Sept. 18, 2018 S | 38,422,583 | 0 | 0 | $0 |
| Charm Progress Investment Ltd | — | Jan. 23, 2018 C | 4,432,034 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 69 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| DTRE · First Trust Exchange-Traded Fund II | 5.44% | 49,007 NS | June 30, 2026 | N-PORT |
| RDOG · ALPS ETF Trust | 2.82% | 20,087 NS | May 31, 2026 | N-PORT |
| KBWY · Invesco Exchange-Traded Fund Trust … | 2.70% | 573,839 | Aug. 28, 2026 | Daily |
| LPRE · Exchange Listed Funds Trust | 2.31% | 230,521 NS | May 31, 2026 | N-PORT |
| RIET · ETF Series Solutions | 1.71% | 114,042 NS | May 31, 2026 | N-PORT |
| REIT · ALPS ETF Trust | 1.46% | 48,796 NS | May 31, 2026 | N-PORT |
| EPMB · Harbor ETF Trust | 0.68% | 2,489 NS | April 30, 2026 | N-PORT |
| NIXT · EA Series Trust | 0.61% | 15,099 NS | June 30, 2026 | N-PORT |
| FPRO · FIDELITY COVINGTON TRUST | 0.54% | 6,581 NS | April 30, 2026 | N-PORT |
| JPRE · J.P. Morgan Exchange-Traded Fund Tr… | 0.50% | 151,524 NS | May 31, 2026 | N-PORT |
| IQRA · New York Life Investments Active ET… | 0.44% | 2,485 NS | April 30, 2026 | N-PORT |
| VGSR · Manager Directed Portfolios | 0.43% | 142,145 NS | June 30, 2026 | N-PORT |
| RWR · SPDR SERIES TRUST | 0.42% | 494,448 NS | June 30, 2026 | N-PORT |
| BBRE · J.P. Morgan Exchange-Traded Fund Tr… | 0.41% | 319,493 NS | May 31, 2026 | N-PORT |
| USRT · iShares Trust | 0.36% | 1,106,151 SH | Aug. 28, 2026 | Daily |
| IYRI · NEOS ETF Trust | 0.32% | 57,583 NS | June 30, 2026 | N-PORT |
| SCHH · SCHWAB STRATEGIC TRUST | 0.32% | 2,015,461 NS | May 31, 2026 | N-PORT |
| IYR · iShares Trust | 0.31% | 925,833 SH | Aug. 28, 2026 | Daily |
| RWO · SPDR INDEX SHARES FUNDS | 0.26% | 208,936 NS | June 30, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.25% | 1,421,104 NS | May 31, 2026 | N-PORT |
| VNQ · VANGUARD SPECIALIZED FUNDS | 0.24% | 10,844,190 SH | Aug. 19, 2026 | Daily |
| REET · iShares Trust | 0.23% | 775,511 SH | Aug. 28, 2026 | Daily |
| FREL · FIDELITY COVINGTON TRUST | 0.22% | 260,468 NS | April 30, 2026 | N-PORT |
| ERET · iShares Trust | 0.19% | 1,785 SH | Aug. 28, 2026 | Daily |
| JHSC · John Hancock Exchange-Traded Fund T… | 0.19% | 83,713 NS | June 30, 2026 | N-PORT |
| STXK · EA Series Trust | 0.19% | 10,042 NS | June 30, 2026 | N-PORT |
| DFAR · Dimensional ETF Trust | 0.18% | 240,990 NS | April 30, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.16% | 10,308 NS | April 30, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.15% | 82,814 | Aug. 28, 2026 | Daily |
| MCDS · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 716 NS | June 30, 2026 | N-PORT |
| DFGR · Dimensional ETF Trust | 0.13% | 368,303 NS | April 30, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.12% | 18,592 NS | April 30, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.12% | 120,832 NS | April 30, 2026 | N-PORT |
| ISCV · iShares Trust | 0.12% | 55,306 SH | Aug. 28, 2026 | Daily |
| ESML · iShares Trust | 0.11% | 230,205 SH | Aug. 28, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.10% | 4,155,376 SH | Aug. 19, 2026 | Daily |
| SCHA · SCHWAB STRATEGIC TRUST | 0.09% | 1,369,266 NS | May 31, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.08% | 769,891 NS | May 31, 2026 | N-PORT |
| CAPE · DoubleLine ETF Trust | 0.08% | 12,491 NS | June 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.06% | 101,208 NS | April 30, 2026 | N-PORT |
| ISCB · iShares Trust | 0.06% | 11,250 SH | Aug. 28, 2026 | Daily |
| SMMD · iShares Trust | 0.06% | 148,212 SH | Aug. 28, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.05% | 3,273,953 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.05% | 6,545,248 SH | Aug. 19, 2026 | Daily |
| WSML · iShares Trust | 0.04% | 18,455 SH | Aug. 28, 2026 | Daily |
| IWS · iShares Trust | 0.04% | 429,589 SH | Aug. 28, 2026 | Daily |
| IWR · iShares Trust | 0.03% | 1,171,766 SH | Aug. 28, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.03% | 2,892 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.02% | 11,155 NS | May 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.02% | 136,650 | Aug. 28, 2026 | Daily |